For the year ending 2025-12-31, XPEL made $476,200K in revenue. $51,226K in net income. Net profit margin of 10.76%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenue | 476,200 | 420,400 | ||
| Product | 223,967 | - | ||
| Service | 51,214 | - | ||
| Total cost of sales | 275,181 | 243,040 | ||
| Gross margin | 201,019 | 177,360 | ||
| Sales and marketing | 51,138 | 42,817 | ||
| General and administrative | 87,232 | 75,396 | ||
| Total operating expenses | 138,370 | 118,213 | ||
| Operating income | 62,649 | 59,147 | ||
| Interest expense | 83 | 996 | ||
| Foreign currency exchange (gain)/loss | 1,495 | -1,373 | ||
| Income before income taxes | 64,061 | 56,778 | ||
| Income tax expense at u.s. federal statutory rate | 13,453 | - | ||
| State & local income taxes, net of federal income tax effect | 578 | - | ||
| CN | 720 | - | ||
| Other-Foreign Tax Jurisdiction Other | 663 | - | ||
| Effect of changes in tax laws or rates enacted in current period | 0 | - | ||
| Foreign tax effects | 1,383 | - | ||
| Effect of cross-border tax laws | -1,127 | - | ||
| Research & development credits | 1,655 | - | ||
| Changes in valuation allowances | 0 | - | ||
| Tax credits | 1,655 | - | ||
| Nontaxable or nondeductible items | 404 | - | ||
| Changes in unrecognized tax benefits | -39 | - | ||
| Other | -525 | - | ||
| Income tax expense | 12,472 | 11,289 | ||
| Net income | 51,589 | - | ||
| Net income attributed to non-controlling interest | 363 | - | ||
| Net income attributable to stockholders of the company | 51,226 | 45,489 | ||
| Basic EPS | 1.85 | 1.65 | ||
| Diluted EPS | 1.85 | 1.65 | ||
| Basic Average Shares | 27,657,000 | 27,639,000 | ||
| Diluted Average Shares | 27,683,000 | 27,643,000 | ||
XPEL, Inc. (XPEL)
XPEL, Inc. (XPEL)